The sequence beginning at 00:00:43 was fucking amazing. Very nicely edited.
Pierre's New Video
His argument against third worldism is dumb. Of couse unequal exchange happens, everything has a value and you can get scammed. Of course it could be that third world workers are just more exploited and this would explain it to. As with the mechanization, have you seen China? This sort of thing hasn't been going on long so they haven't had to tap into the labor power in africa or other third world nations but third world nations are normally more mechanized than first world economys which are largely based on services. His thing about labor time is nonsense and doesn't explain anything. Why would wages go up with mechanization? Due to the falling rate of profit, the rate of profit should go down. And unequal exchange is still taking place because we now have a global market in which prices are global not localized. "Mechanization of production in the digital era" This is bullshit. China has just as much mechanization of production, the onlything the US is ahead of in is fictious digital capital.
have some undiagnosed mental disability that makes it hard to read for more than a paragraph at a time but i can watch videos and hear podcasts pretty well
No, you're just lazy and stupid.
/thread
Exploitation happens at production, not exchange.
Yes, but super profits can be created through an unequal exchange.
Say you have a coat worth 2 dollars and I have an apple worth 3 dollars. Even though these items are worth different amounts, if I'm forced into it or I really need the coat we could still trade. You gain a super profit and I lose out on what I should have gotten. No additional value was created but value was transferred through an unequal exchange.
So, is Chine under the boot of US imperialism?
China*